The UK-based book retailer, Waterstones, will be acquiring the British bookseller, Foyles.
The firm claims it will be buying its rival in order to combat the successful e-commerce industry.
As part of the deal, Waterstones will acquire Foyle’s well-known shop on London’s Charing Cross Road.
Waterstones, which has 283 stores across the UK and northern Europe, will b...

The US-based international coffee company, Starbucks Corporation, has launched its first store in Italy.
The store, located in Milan, also features a 25,000sqft Reserve Roastery in the Poste building in Piazza Cordusio.
“We have taken our time to ensure our entry into Italy is done thoughtfully and respectfully,” commented Kevin Johnson, CEO of Starbucks.
“Th...

The Ifo Institute of Economic Research (Ifo) has changed its forecast for Germany’s economic expansion for 2018.
The Munich and Dresden-based institution has raised its growth prediction for the year from 1.8% to 1.9%.
The establishment claims that its nation’s forecast has been increased due to a better-than-expected performance in the first six months of the year.
...

The London Stock Exchange-listed bookmaker, William Hill PLC, has entered a deal with US-based Eldorado Resorts.
The 25-year agreement will see the UK company expand its operations in the US with access to a customer base of 23mn people.
The firm will also have market access with Eldorado’s 21 properties located in 11 states in the country, extending it’s reach to 13 st...

Searching for your next business hub? Look no further than Copenhagen. We zoom in on the Danish capital’s booming industries and see why it’s attracting workers and entrepreneurs from across the globe.
Spanning across the islands of Zealand and Amager, the Danish capital of Copenhagen is not just known as a leading Scandinavian capital, it has also firmly positioned itself a...

The US-based media and e-commerce companies, Netflix and Amazon, have been attributed for the record-high revenue made in the UK’s TV production industry.
The market’s overseas commissioning value rose by 19% compared to the previous year to hit £150 (US$192.4mn), according to the Producers Alliance for Cinema and Television (Pact).
The revenue has been credited t...

Simplifying the complex world of business process management, Signavio is making strategic visions a reality.
Applications, orders, sales, logistics and more: when it comes to business, every activity needs a set of defined rules and processes, steps that could be likened to a rulebook or an instruction manual.
But what if you want to improve this process? Enter business process ma...

Hello and welcome to the latest Europe edition of Business Chief magazine.
Arkadin has proven itself to be a true innovator in the telecommunications sector and in this month’s cover feature for Business Chief, we uncover how the firm is ushering in a new era of innovative communication services.
For our leadership insight, we speak to software company Signavio, to explore ho...

The British multinational advertising and public relations company, WPP, has confirmed Mark Read as the firm’s new Chief Executive, BBC News reports.
According to reports, Mr Read will replace Sir Martin Sorrell who, following accusations of personal misconduct, resigned in April.
Having been operating WPP on an interim basis and currently being the co-chief operating officer...

The US-based beverage manufacturer, the Coca Cola Company, has announced it will be acquiring the UK-based coffee company, Costa Coffee.
Coca Cola will acquire Costa from its parent company, Whitbread PLC, for £3.9bn (US$5.1bn).
The US company aims for the deal to expand its coffee portfolio and strengthen its platform across Europe, Asia Pacific, the Middle East, and Africa....

The British home appliance manufacturer known for its vacuum cleaners, Dyson, announced its plans to enter the electric vehicle (EV) market in September 2017.
The firm has now revealed plans to build a 10-mile test track at the Hullavington airfield in Wiltshire, UK.
The company, which claimed to have been working on its EV project a couple of years prior to announcing the news, ac...

The Australian airline, Qantas, has previously announced plans to launch a non-stop flight between two of the farthest locations in the world – London and Sydney.
The company’s CEO, Alan Joyce, challenged the European and American aircraft manufacturers, Airbus SE and Boeing, to create a plane capable of handling the 20-hour flight.
“We’re now comfortable th...

Nestlé, the Swiss food and beverage firm, has completed a licensing deal with the US-based coffee company, Starbucks.
The closure of the US$7.15bn deal that will grant Nestlé the rights to globally market Starbucks Consumer Packaged Goods and Foodservice products was announced on 28 August.
“This partnership demonstrates our growth agenda in action, giving Nestl...

Thyssenkrup, the German steel company, is edging closer to selecting its chairperson, sources close to the matter informed Reuters.
Two of the sources claimed that discussions are currently undergo with a potential candidate.
The position has been vacant since last month when Ulrich Lehner resigned from the role.
The firm’s new chairperson will be selected by the five-me...

TSB Bank, the UK-based financial serviced firm, has announced that three of its Senior Executives will be leaving the business.
The company’s Chief Marketing Officer, Nigel Gilbert, and its Treasurer, Ian Firth, have confirmed they will be retiring at the end of next month.
Rachel Lock, the Human Resources Director at TSB will also be leaving the firm, scheduled for the end o...